March 4, 2016

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: New York Bonuses Go To Washington
(DBN)

Which law firms made Fortune’s list of the best places to work?
(DBN)

Capital-contribution disputes increase as partners pay more than ever
(DBN)

Reinventing The Law Business: Trying And Failing And Succeeding – Lessons Learned
(DBN)

Two Freshfields Partners on Why They Left Kirkland & Ellis
(DBN)

Deryck Palmer Tapped to Lead Pillsbury's Insolvency & Restructuring Practice
(DBN)

Reed Smith increases billable targets by 200 hours
(DBN)

Two Decades of Revenue Growth at Gibson Dunn
(DBN)

The 'Fourth Industrial Revolution' will be great for lawyers
(DBN)

Some practice leaders are among partners leaving this BigLaw firm
(DBN)

Remain Silent And Stay A Fool
(DBN)

Is now the time for Ashurst to seal a US merger deal?
(DBN)

1L Attrition Increases As Median LSATs Decline
(DBN)

Profits Rise at Baker & Hostetler
(DBN)

Revenues Edge Up at Mayer Brown
(DBN)

Ups and downs at DLA Piper Sexist email DLA Piper partner WILL face disciplinary tribunal
(DBN)

Why Is Chapman Law School So Scared Of Its Progressive Students?
(DBN)

Gender gap in associate promotions and turnover is higher when bosses are conservative, study says
(DBN)

Biglaw Associate Tragically Killed In Freak Accident Latham Mourns Boston Associate Killed in Restaurant Crash
(DBN)

Starting Solo: Time Rich, Cash Poor
(DBN)

Why having a consistent jerk for a boss isn’t all bad: Stress is worse when boss is unpredictable
(DBN)

Gross Revenue, Net Income Up at Locke Lord in 2015
(DBN)

How to become an expert conversationalist
(DBN)

The Most Effective Way to Take a Break at Work
(DBN)

Why the NFL is spending $12 million to try and punish Tom Brady 14 months after Deflategate
(DBN)

Oscar Pistorius to be sentenced for murder after appeal denied
(DBN)

Feds seek 14 more in obstruction case over cattle-grazing standoff near Bundy ranch
(DBN)

President Trump: How Bad Could It Get?
(DBN)

Disbarred Lawyer With Felony Record Upset He Can’t Work As Taxi Driver
(DBN)

Texas Lawyers Sued for Allegedly Bankrolling BP Oil-Spill Scam
(DBN)

Tom Brady takes a hit in fiery Deflategate hearing
(DBN)

'Making a Murderer' fans say this death certificate supports the theory that police framed Steven Avery
(DBN)

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Judges:

Bankruptcy Judges Sought In Montana and Oregon
(DBN)

Why 4-4 split won't mean Supreme Court gridlock
(DBN)

After a decade of silence, did Justice Clarence Thomas find his voice?
(DBN)

Adieu to the grammar nerd in the black robe
(DBN)

The First Fatality Of Scalia’s Death
(DBN)

Donald Trump’s Supreme Court Nominees
(DBN)

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Wall Street:

U.S. stock futures in a holding pattern ahead of jobs report
(DBN)

Wall Street snaps up shares in late-day scramble
(DBN)

A Goldman Sachs partner sent a memo to the bank's junior staff, and every young person on Wall Street should read it
(DBN)

Why the U.S. stock market now has scary parallels to 1929
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Student Debt:

Obama Administration Misled Public On Student Loan Fraud
(DBN)

We Need to Solve America's Student Debt Crisis
(DBN)

Should anyone be eligible for student loans?
(DBN)

‘Stunning indictment’ of student loans to vets
(DBN)

Aequitas hires bankruptcy counsel, seeks delay of federal trial
(DBN)

____________

Politics:

A Trip Down Donald Trump's Bankruptcy Memory Lane
(DBN)

Lunacy, Bluster & Unanswered Questions: Trump On Defense
(DBN)

In debate, Cruz, Rubio urge GOP to dump Trump Fact-checking the GOP Fox News debate in Michigan FactCheck: GOP Debate What Fell Out of Ted Cruz's Mouth During the GOP Debate? The Debate That Killed Your Brain Cells Donald Trump Assured America He Has a Big One
(DBN)

Mitt Romney fries Donald Trump in a speech for the ages Mitt Romney Attacks Donald Trump as a ‘Fraud’ Why Mitt Romney’s Speech Attacking Donald Trump Won’t Make a Dent Trump responds to Romney Koch brothers won't try to halt Donald Trump's rise Donald Trump reveals details of his health care plan Trump Proves Racism No Longer Needs to Be Subtle There's no way Donald Trump's plan to build iPhones in the US would actually work Trump campaign co-chair arrested for conspiracy to commit an offense against the United States
(DBN)

When It Comes To President Trump, Wall Street Money Not Necessarily Going Where Wall Street Mouths Go
(DBN)

The Newest Texas GOP County Chairman Is Completely Crazy
(DBN)

It’s worse than you think: Trump’s business disaster
(DBN)

Hillary Clinton email scandal gets unpredictable Former Clinton Staffer Granted Immunity In Email Probe Democrats have a lot riding on Hillary Clinton. Which is why the word ‘immunity’ should make them very nervous.
(DBN)

Elizabeth Warren Catches Criticism For Not Endorsing A Candidate
(DBN)

____________

Autos:

Bank of America is piling into the already 'stretched' auto loan market
(DBN)

VW Didn't Think Diesel Problem That Bad
(DBN)

____________

Personal Finance:

This is why free bank accounts are a con
(DBN)

25 tough interview questions you'll hope you never have to answer
(DBN)

____________

Alternative Energy:

SunEdison - Merger Or Bankruptcy ?
(DBN)

SunEdison Torched As Banks Pull Vivint Solar Funds
(DBN)

____________

Aviation:

Embraer's Outlook Darkens as Plane Orders Seen Under Pressure
(DBN)

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Economy:

ISM service sector index slips The manufacturing slowdown has spread to the services sector
(DBN)

5 Things to Watch in the February Jobs Report
(DBN)

Jobless claims climb 6,000 to 278,000
(DBN)

U.S. productivity drops in fourth quarter
(DBN)

The 20 cities where Americans work the hardest
(DBN)

What Percent Are You?
(DBN)

Evercore's Altman: We're Not Going to Have Recession
(DBN)

I see bubbles bursting everywhere: Yale's Mansharamani
(DBN)

Fed’s Kaplan: Rate hike patience
(DBN)

Bill Gross says negative rates are going to crush the banks
(DBN)

Druckenmiller: Economy won’t hit 'escape velocity'
(DBN)

Now slowdown is hitting the number of superrich
(DBN)

Oregon OKs landmark minimum wage law Oregon's nearly $15 minimum wage law tests tiered raises Oregon Just Set a New Minimum-Wage High. Here’s Where Your State Stands
(DBN)

Older women 80% more likely to be poor
(DBN)

Wall Street’s Expectations for First-Quarter Earnings Keep Getting Worse
(DBN)

MarketsRanks of the weakest companies at near 09 high Number of Troubled Companies Nears 2009 Peak
(DBN)

Top 1% would see $78,000 tax hike under Hillary
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

#FannieGate: 9th Circuit rules that Fannie and Freddie are private companies
(DBN)

Home flipping reaches 10-year high: What it means 17 US cities where people are flipping houses like crazy
(DBN)

BlackRock sees housing value — just not here
(DBN)

Here's the salary you have to earn to buy a home in 19 major US cities
(DBN)

Las Vegas: Creditors file to force Focus Property Group Ritter into personal bankruptcy
(DBN)

Parking garage linked to Buffalo's tallest building up for auction
(DBN)

FL: Bankruptcy auction of office building canceled, Banyan nears purchase
(DBN)

____________

Municipalities:

Chicago schools fast running out of cash
(DBN)

Detroit Public Schools will be completely broke by April. Here's how things got to this point.
(DBN)

Detroit's lesson — 2016 candidates can't ignore debt
(DBN)

Judge Rhodes: Out of Retirement, Into the Schools
(DBN)

The Law That Poisoned Flint
(DBN)

Flint is News, Cleveland's Problems are Worse
(DBN)

Puerto Rico's Growing Financial Crisis Threatens Health Care, Too
(DBN)

____________

Oil/Gas:

Restructuring Options for Still-Liquid Energy Companies
(DBN)

Distressed Asset Acquisitions Outside Bankruptcy in the Oil and Gas Space
(DBN)

Canadian Oil Patch: 100,000 Jobs Lost
(DBN)

Fri. AM: Oil prices pull back ahead of U.S. jobs, rigs data
(DBN)

Thurs. A.M.: Oil Prices Mixed on Increased Stockpiles, Lower Production Oil prices dip as glut gloom offsets bullish bets
(DBN)

Oil Bust Forces West Texas to Adjust
(DBN)

Gas Money Gone
(DBN)

Why is the US Importing More Oil?
(DBN)

Demand For Oil Slows As Globalization Reaches Limits
(DBN)

`Blood on the Street' in Energy Debt Intriguing to Centerbridge
(DBN)

Anadarko Slashes 80% Of Onshore Rigs, To Lay Off 95% Of Contractors
(DBN)

Transocean says rig glut will drag out offshore-drilling recovery
(DBN)

Exxon CEO: You won't see us drill at these prices
(DBN)

New Fed’s Kaplan: Oil won’t be balanced until 2017
(DBN)

Yergin Sees Output Freeze Restoring Balance to Global Oil Market
(DBN)

Why OPEC will never cut production again
(DBN)

Natural-gas prices pare losses as supplies fall
(DBN)

Natural gas-born drillers facing death-defying choices as futures prices hit 17-year low
(DBN)

The Oil Sector's "Other Shoe" Just Dropped
(DBN)

Jamie Dimon: We won't abandon US oil companies
(DBN)

Genel falls to $1.16 bln loss on impairment charge
(DBN)

I Was Wrong About Linn Energy
(DBN)

Iran Oil Market Return is Underwhelming
(DBN)

____________

Retailing:

Why Sports Authority filed for bankruptcy protection
(DBN)

Sports Authority's Pain, Whose Gain?
(DBN)

How Sports Authority’s Bankruptcy Filing Impacts Landlords and Trade Creditors, and Creates Opportunities for Retailers
(DBN)

A&G Realty Partners to manage sale of 87 Sports Authority stores
(DBN)

Costco’s second-quarter profit slides Costco's business model is showing major weakness for the first time in years
(DBN)

____________

Education:

College president quits after reportedly calling struggling students 'bunnies' who had to 'drown'
(DBN)

____________

Coal:

Why Peabody Energy's Senior Creditors Are Trying To Steal The Company
(DBN)

Chief Justice Rejects Effort to Block EPA on Power Plants
(DBN)

____________

Fraud:

The Mystery Madoff Victims Who Left $2.5 Billion on the Table
(DBN)

____________

Financial Advisors:

Cetera Says It Is Protecting Millions in Advisors' Savings from Bankruptcy
(DBN)

____________

Defaults:

US Leveraged Loan Default Rate Inches to 1.45% Courtesy Noranda, Paragon
(DBN)

____________

Distressed Investing:

High Yield Bond Issuance, Sentiment, Pick Up In February As Oil Rebounds
(DBN)

CDS: Default Protection Costs Ease as High Yield Sentiment Improves
(DBN)

____________

 


New Bankruptcy Opinions
(13 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

February 2016 Commercial Bankruptcy Filings Increase 32 Percent Over Last Year
(DBN)

WD NY: Surprise, surprise: Bankruptcy filings on the rise in February
(DBN)

______________

Notice:

Pro Se Creditor Out of Luck (and Time) When He Did Not File Timely Appeal – Because He Never Received Notice of Entry of the Order!
(DBN)

____________

TBTF:

Fed Plans Second Effort at Limiting Banks' Ties to One Another
(DBN)

____________

Labor:

Third Circuit Permits Debtors to Trump Rights Under Expired CBA
(DBN)

____________

Celebs:

Cent's Farmington mansion will now be living facility 50 Cent sells 'cursed' mansion for $8m as buyer plans to turn property into elderly nursing facility
(DBN)

From billionaire to inmate: Tim Blixseth remains defiant
(DBN)

____________

Food/Beverage:

Flour City Bagels files for bankruptcy protection
(DBN)

____________

Toll Roads:

Bankruptcy filing by Texas toll lane builder a ‘surprise’ to N.C. DOT
(DBN)

Operator of Texas Toll Road Enters Bankruptcy
(DBN)

Bankruptcy Revives Concerns About Private Toll Financing
(DBN)

Will toll operator's bankruptcy wreck taxpayers?
(DBN)

____________

Shipping:

Dry bulk shipper Bulk Invest files for bankruptcy
(DBN)

Golden Ocean CEO Says Shipping Market Is Worst in Modern History
(DBN)

____________

LBOs:

Zombie LBOs: spoiling for a fight
(DBN)

____________

Mediation:

If I were a Bankruptcy Judge, I’d be Promoting Bankruptcy Mediation Now — Part One
(DBN)

____________

Electricity:

Will Dallas-led Hunt group buy Oncor? Today’s Public Utility Commission meeting could hold answers
(DBN)

____________

Banking:

Investor: Big Banks Are Doomed
(DBN)

____________

Accounting:

Creditors Blame Auditor for Gas Company's Fraud
(DBN)

____________

Sovereigns:

After 15 Years, a Bond Trade Now Pays Off
(DBN)

How Elliott Earned Billions on Argentine Bonds at 101% Interest
(DBN)

____________

UK:

UK retailer BHS warns stores are at risk
(DBN)

Failed U.K. Unicorn Powa Technologies Split and Sold
(DBN)

Top Bankers Are on the Hook as U.K. Conduct Rules Get Personal
(DBN)

Ralls Builders Limited Clarification
(DBN)

____________

PIIGS:

Greece bailout talks making good progress: IMF
(DBN)

ie: Court told businesswoman Newman bankrupt in UK
(DBN)

Abengoa's top shareholder ready for big dilution to unlock debt talks
(DBN)

____________

Canada:

Ontario Court Addresses Debt Re-Characterization Argument in CCAA Proceeding
(DBN)

A lesson from Goodwill: Run a charity like a business
(DBN)

Charges Laid in Bankruptcy Fraud Investigation
(DBN)

No accountability as Goodwill creditors left high and dry
(DBN)

____________

China:

'China is having a heart transplant'
(DBN)

China plans securitization to tackle banks’ bad debt burden
(DBN)

____________

Australia:

Bankrupt Tinkler now ‘just another coal miner out of work’ $40 million the trustee can't get Nathan Tinkler is bankrupt but will it end his opulent lifestyle?
(DBN)

US debt giant Oaktree Capital to set up shop in Sydney Oaktree opens Sydney office as miner distress grows
(DBN)

____________

Brazil:

Brazil's GDP just plunged 3.8 percent, the biggest fall in 25 years
(DBN)

Recovery Eludes Brazil Economy After Biggest Dive in 25 Years
(DBN)

____________

Romania

Renewable in Romania: 30 percent of projects risk insolvency or bankruptcy, says association
(DBN)

____________

Austria:

There Is Nothing Sweet About The Austrian Government's Latest Offer To Heta Creditors
(DBN)

Umbrella group of Heta creditors rejects sweetened buyback offer
(DBN)

____________

MENA:

"Social curse" of huge personal debt raises worries in wealthy Qatar
(DBN)

____________

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